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What Auto Insurance Discounts Should You Expect?

You may be eligible for auto insurance discounts and not even know it, so it never hurts to ask. When comparing quotes, speak up if you think you're eligible for discounts on auto insurance. If an insurer doesn't know you're eligible, they may not let you know that you may qualify for an auto insurance discount. Different insurance companies have different rules on discounts, so if you're eligible for a discount from one company, you may not be eligible for a discount from another company.

Multi-Car and Multi-Policy Discounts

If you have three cars insured by three different insurers, ask your insurance companies if they offer a discount for insuring multiple cars. Many of them do. In fact, some insurance companies will write a policy that covers all cars at a rate that's cheaper than if they wrote multiple separate policies. If your homeowner's insurance company offers car insurance, be sure to ask them if they offer discounts on automobile insurance if you insure with them. If you have other insurance policies, such as policies on boats, campers, or recreational vehicles, ask them about multi-policy discounts as well.

Discounts for Safety and Anti-Theft Devices

If you need to insure a car that has certain safety features like automatic seatbelts or front or side airbags, ask if a prospective insurer offers discounts for having these safety features. Additionally, if you have installed an anti-theft device, alarm system, or GPS tracking system, you may qualify for a lower rate on your car insurance. For aftermarket installations like these, you'll be asked to provide proof that you have added these anti-theft features to your car before you qualify for the discount. Insurance companies generally like it when drivers have cars with extra safety and security features and will offer discounts due to the lower risk these vehicles present.

Good Driver and Good Student Discounts

Have a great driving record? You may qualify for discounts on auto insurance. The same is often true for drivers who are good students. In general, drivers with a clean driving record and good grades present a lower mathematical risk to insurance companies, and many insurance companies are willing to reward these drivers with discounted rates. While the company can check your driving history with law enforcement records, they will require you to submit proof that you make good grades in order to offer you a good student discount.

Discounts for Completion of Driving Courses

Parents of new drivers often discover that they can get lower car insurance rates for their child if the child successfully completes an accredited driver's education course, whether through their school or privately. But it isn't just high school students who benefit from driver education courses. Organizations such as the American Association of Retired People sometimes offer refresher driving courses and driver safety courses that result in car insurance discounts for those who successfully complete them. Ask your insurance company if they offer discounts for completing driver education courses and if so, what documentation they need in order to implement the discount. The cumulative effect of several auto insurance discounts can ultimately mean significant savings to you.

+Chris Robertson is a published author of Majon International. All Rights Reserved. Copyright 2014 (Tue May 01 2012) Majon International. Majon International is one of the worlds MOST popular internet marketing and internet advertising companies on the web. Visit their main business resource internet marketing web site at: http://www.majon.com